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The unemployment rate is calculated by taking the number of unemployed people and dividing it by the working labor force. What is the unemployment rate if the labor force is 780 people and 290 are unemployed?
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The unemployment rate is calculated by taking the number of unemployed people and dividing it by the working labor force. What is the unemployment rate if the labor force is 780 people and 290 are unemployed?

A. 55.6%
B. 41.4%
C. 37.2%

User Sid Barrack
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1 Answer

4 votes

Answer:

C aka 37.2%

Step-by-step explanation:

290÷780=0.371.....

0.371..... × 100 = 37.179.....

when rounded = 37%

User Arlina
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